Development of Version 2.0 of a particular accounting software product is being considered by Jose Noguera's technology firm in Baton Rouge. The activities necessary for the completion of this project are listed in the following table: 0 Normal Crash Normal Activity Time (weeks) Time (weeks) Cost $2,100 с D E 3 8 6 3 1 3 3 2 2 Total Cost with Crashing Immediate Predecessor(s) $2,800 $2,200 $2,900 $500 $500 $2,400 $2,720 $900 $1,275 $4,400 $3,200 $1,600 $2.000 a) Based on the given information regarding the activities for the project, the project length-weeks. b) The total cost required for completing this project on normal time = $ c) For reducing the duration of the project by one week, the activity that should be crashed first is activity The cost of the project based on the first activity selected for crashing will increase by $ d) The maximum weeks by which the project can be reduced by crashing - Total cost of crashing the project to minimum (or maximum weeks possible) = $. B с D.E

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Development of Version 2.0 of a particular accounting software product is being considered by Jose Noguera's technology firm in Baton Rouge. The activities necessary for the completion of this project are
listed in the following table:
Normal
Crash
Activity Time (weeks) Time (weeks)
4
3
2
1
3
3
4
3
8
6
3
4
2
2
a) Based on the given information regarding the activities for the project, the project length=
b) The total cost required for completing this project on normal time = $.
Normal
Cost
$2,100
$2,200
$500
$2,400
$900
$3,200
$4,400
$1,600 $2,000
weeks.
Total Cost
with
Crashing Immediate Predecessor(s)
$2,800
$2,900
$500
c) For reducing the duration of the project by one week, the activity that should be crashed first is activity
The cost of the project based on the first activity selected for crashing will increase by $
weeks.
d) The maximum weeks by which the project can be reduced by crashing =
Total cost of crashing the project to minimum (or maximum weeks possible) = $.
$2,720
$1,275
| | | < 000
с
D, E
Transcribed Image Text:Development of Version 2.0 of a particular accounting software product is being considered by Jose Noguera's technology firm in Baton Rouge. The activities necessary for the completion of this project are listed in the following table: Normal Crash Activity Time (weeks) Time (weeks) 4 3 2 1 3 3 4 3 8 6 3 4 2 2 a) Based on the given information regarding the activities for the project, the project length= b) The total cost required for completing this project on normal time = $. Normal Cost $2,100 $2,200 $500 $2,400 $900 $3,200 $4,400 $1,600 $2,000 weeks. Total Cost with Crashing Immediate Predecessor(s) $2,800 $2,900 $500 c) For reducing the duration of the project by one week, the activity that should be crashed first is activity The cost of the project based on the first activity selected for crashing will increase by $ weeks. d) The maximum weeks by which the project can be reduced by crashing = Total cost of crashing the project to minimum (or maximum weeks possible) = $. $2,720 $1,275 | | | < 000 с D, E
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